HR 3001
107th Congress
House
Displaced Older Worker Assistance Act of 2001
Official title: To amend the Internal Revenue Code of 1986 to exclude certain severance payments from gross income and to allow a refundable credit for job training expenses o… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to exclude certain severance payments from gross income and to allow a refundable credit for job training expenses of older long-time employees who are laid off.
Taxation
Age and employmentCollege costsCongressCongressional investigations
More subjectsShow fewer subjects
Congressional reporting requirementsDislocated workersEducationEmployee trainingForeign Trade and International FinanceHigher educationIncome taxLabor and EmploymentLayoffsOccupational retrainingOlder workersPersonal income taxSeverance paySocial WelfareTax credits
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 3, 2001
Referred to the Subcommittee on 21st Century Competitiveness.
Oct 2, 2001
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 2, 2001
Sponsor introductory remarks on measure. (CR E1773)
Oct 2, 2001
Introduced in House
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Latest action
Referred to the Subcommittee on 21st Century Competitiveness.
Plain-English summary
Displaced Older Worker Assistance Act of 2001-Amends the Internal Revenue Code to: (1) exclude certain severance payments from income; and (2) allow as a credit qualified job retraining expenses for certain older long-time employees who are laid off.
Directs the Comptroller General of the United States to study the special needs of displaced older workers.
Bill text
1 version
- Introduced in House Formatted Text PDF
Committees of jurisdiction
3
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 3001: Displaced Older Worker Assistance Act of 2001. 107th Congress. Open America. https://openamerica.io/bill/107-HR-3001/
"H.R. 3001: Displaced Older Worker Assistance Act of 2001." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-3001/.
H.R. 3001, 107th Cong. (2026), https://openamerica.io/bill/107-HR-3001/.
[H.R. 3001: Displaced Older Worker Assistance Act of 2001](https://openamerica.io/bill/107-HR-3001/)